Financial Accounting- Interpretation
Financial Analysis and Interpretation | Kier Group Plc vs. Barratt Developments Plc | | This report is about the financial analysis and interpretation of two construction companies. Analysis and comparison is based upon 4 broad areas: financial performance, financial position, corporate governance and corporate social and environmental reporting. | | Mr Gajender, Student ID- 1025087 | 3/14/2013 | Word Count- 4,116 |
Table of Contents
1. Introduction4
1.1 Introduction to Companies4
1.1.1 Kier group plc……………………………………………………………………………………………………………………4
1.1.2 Barratt developments plc5
2. Financial Performance5
2.1 Barratt development- financial performance5 2.2 Kier group- financial performance6 2.3 Performance ratio analysis, interpretation and comparison7 2.4 Comparison- (profits, revenues, expenses & employees)8
3. Financial Position8 3.1 Definition8 3.2 Solvency8 3.3 Liquidity9 3.3.1 Relation between Stock liquidity and asset liquidity9 3.4 Structure ratios analysis and Interpretation- Kier group and Barratt group9 3.4.1 Current Ratios9 3.4.2 Liquidity Ratios10 3.4.3 Solvency Ratios10
4. Corporate Governance10 4.1 Transparency and accountability11 4.2 Theoretical approach11 4.2.1 Agency Theory11 4.3 Corporate governance mechanisms12 4.3.1 Board of directors12 4.4 UK corporate governance codes12 4.5 Board structure and Disclosure - Kier group and Barratt developments13 4.6 Remuneration – Comparative aspects13 4.6.1 Remuneration distribution and Policies – Barratt and Kier14
5. Corporate social and environmental reporting15 5.1 Theoretical approach15 5.2 Mini case study- Vodafone 15 5.3 Social reporting- Legislation requirements15 5.4 Carbon emission, waste management and carbon disclosure16 5.5 Corporate responsibilities- policies and strategies17
6. Conclusion and
Table of Contents
1. Introduction4
1.1 Introduction to Companies4
1.1.1 Kier group plc……………………………………………………………………………………………………………………4
1.1.2 Barratt developments plc5
2. Financial Performance5
2.1 Barratt development- financial performance5 2.2 Kier group- financial performance6 2.3 Performance ratio analysis, interpretation and comparison7 2.4 Comparison- (profits, revenues, expenses & employees)8
3. Financial Position8 3.1 Definition8 3.2 Solvency8 3.3 Liquidity9 3.3.1 Relation between Stock liquidity and asset liquidity9 3.4 Structure ratios analysis and Interpretation- Kier group and Barratt group9 3.4.1 Current Ratios9 3.4.2 Liquidity Ratios10 3.4.3 Solvency Ratios10
4. Corporate Governance10 4.1 Transparency and accountability11 4.2 Theoretical approach11 4.2.1 Agency Theory11 4.3 Corporate governance mechanisms12 4.3.1 Board of directors12 4.4 UK corporate governance codes12 4.5 Board structure and Disclosure - Kier group and Barratt developments13 4.6 Remuneration – Comparative aspects13 4.6.1 Remuneration distribution and Policies – Barratt and Kier14
5. Corporate social and environmental reporting15 5.1 Theoretical approach15 5.2 Mini case study- Vodafone 15 5.3 Social reporting- Legislation requirements15 5.4 Carbon emission, waste management and carbon disclosure16 5.5 Corporate responsibilities- policies and strategies17
6. Conclusion and
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